The main problem is LeBron's sneakers when he first came into the league looked like they were being bought for basketball purposes. Honestly, how many people did you see wearing Bron's casually when he was in Cleveland? I didn't, at least. Now, his more recent shoes, ever since the 8's in my opinion, have become more and more popular with those buying shoes NOT to play ball in. The problem is here: how does Nike come out with shoes for people buying them who are not trying to wear them for the purpose of the shoe, yet come up with shoes that will appease LeBron and the freak of nature athlete he is? The answer was CWs, but the price still had to be at a point that could justify the whole "LeBron" branding.
I've always said we never pay for the technology or the materials, most other shoes will have exactly what you are looking for or something extremely similar whether it be upper materials, cushioning, flywire, etc. But we pay for the fact that is a flagship Nike item endorsed by LeBron. It sounds stupid when you actually say that out loud to yourself, but then why aren't shoes like 2012 Hyperfuse the same price as the LBXs? Maybe a few discrepancies, but the X's are just a product of marketing, hype, shoe game culture, and Nike knowing how to appease all of the above whether it be with "lifestyle" bs that they are putting out or letting consumers now iD a SB CW.
The only problem is a lot of us blame Nike in here and the direction the sneaker game is going, and these people are the same ones who line up a day early for a pair of retro'd kicks or shoes that they were bashing a week before.